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Layoffs
Vedanta Downsizes by 20% After Phase II Stumble in Ulcerative Colitis
Vedanta is parting ways with 23 employees, or approximately 20% of its headcount, after Phase II data for microbiome therapy VE202 failed to demonstrate significant response rates in patients with ulcerative colitis.
August 14, 2025
·
2 min read
·
Tristan Manalac
Manufacturing
Sanofi Hops Aboard US Manufacturing Blitz With $20B Commitment
Sanofi expects to add “a significant number of high-paying jobs” in the U.S. with $20 billion investment through 2030.
May 15, 2025
·
2 min read
·
Tristan Manalac
Press Releases
Virtual SOHO Breakthroughs in Blood Cancers meeting launches November 20, 2025
September 17, 2025
·
1 min read
Press Releases
Pfizer’s PREVNAR 20 Selected for Pneumococcal Public Immunization Program in British Columbia
September 10, 2025
·
4 min read
Press Releases
Hemostemix Announces TSXV Approval of Debt Settlement at $0.20 per Share
September 11, 2025
·
6 min read
Layoffs
Recursion Downsizes by 20% To Boost Cash Position
As of March 31, Recursion Pharmaceuticals had a cash position of $509 million. Following Tuesday’s layoffs, the biotech expects its runway to last into the fourth quarter of 2027.
June 10, 2025
·
2 min read
·
Tristan Manalac
Press Releases
Lilly to participate in Wells Fargo 20th Annual Healthcare Conference
August 22, 2025
·
2 min read
Press Releases
Maxwell Biosciences Announces Closing of $20M Financing Round
Investment accelerates Maxwell’s path toward FDA trials and global market readiness
August 7, 2025
·
3 min read
Press Releases
MicrobiotiX Finalizes KRW 20 Billion Series B, Securing Korea’s First Bacteriophage Clinical Trial
September 3, 2025
·
2 min read
Press Releases
Serina Therapeutics Secures Up to $20 Million to Advance Registrational Trial of SER-252 in Parkinson’s Disease
September 10, 2025
·
7 min read
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